Everything about Loan Loss Provisioning
Loan loss provisioning is an essential aspect of lending operations and is an integral part of financial management. It refers to the process of setting aside funds to cover potential losses from loan defaults. ThisRead More ⟶
Online Arbitration Process in India
Online arbitration is a process of resolving disputes through an online platform, where the arbitrator, parties, and witnesses communicate and present evidence over the internet platform. In India, online arbitration is governed by the IndianRead More ⟶
Litigation Management and its Role in NPAs
For banks or any other financial institution, it is difficult to go to court for any problem related to non-performing assets. Legal proceedings are slow and tedious. To curb these problems, technology is now available.Read More ⟶
Collection Strategies to Reduce NPAs
Due to Covid, and various other economic factors, the banking sector has been facing severe problems with the rising level of Non-Performing Assets (NPAs). However, collection strategies are crucial to reduce NPAs and maintain aRead More ⟶
Banking Challenges Unique to India
A Bank is a financial institution that offers a wide range of services, including deposit accounts, lending, and investment products. Banks use the money deposits of one customer to provide loans and other financial servicesRead More ⟶
How does BNPL work?
Buy Now Pay Later (BNPL) is a type of financing option that has gained widespread popularity in recent years. It allows consumers to purchase goods or services from retailers or e-commerce websites and defer paymentRead More ⟶
Guide to Debt Recovery Laws in India
What is Debt Recovery Law? Let us know what a debt recovery law is before we learn more about India’s debt recovery laws. Money transactions keep happening and small-time business owners to big business housesRead More ⟶
What to do if your client’s cheque bounced?
In this development of the financial world, we see many cases these days relating to default of payment through cheques. The pendency of cheque bounce cases is also rising daily in India. People approach lawyersRead More ⟶